Investor appetite grows for Asian alternative assets

11/9/2009 | AsianInvestor.net

Investment advisers said investors in Asia and beyond are becoming increasingly prepared to allocate capital directly to hedge funds and private equity. "It's still early stages in Asia, but we are now in the growth phase as far as the hedge fund industry is concerned," said Ananth Shenoy, Citi Private Bank's head of managed investments for Asia. "So from that perspective, there's more reason for us to look at locally sourced and developed solution sets."

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